National Bank Financial Weighs in on CVE:ELE Q2 Earnings

Elemental Altus Royalties Corp. (CVE:ELE - Free Report) - National Bank Financial issued their Q2 2025 earnings estimates for shares of Elemental Altus Royalties in a report issued on Tuesday, May 20th. National Bank Financial analyst S. Nagle forecasts that the company will earn $0.01 per share for the quarter. National Bank Financial also issued estimates for Elemental Altus Royalties' Q3 2025 earnings at $0.01 EPS, FY2025 earnings at $0.06 EPS and FY2026 earnings at $0.08 EPS.

Separately, Raymond James lifted their price target on shares of Elemental Altus Royalties from C$2.00 to C$2.25 in a research note on Friday, April 4th.

Elemental Altus Royalties Stock Performance

CVE:ELE remained flat at C$1.50 during mid-day trading on Thursday. 55,252 shares of the company's stock traded hands, compared to its average volume of 71,684. The stock has a market capitalization of C$254.80 million and a P/E ratio of 185.35. Elemental Altus Royalties has a 52-week low of C$0.97 and a 52-week high of C$1.52. The business has a 50-day simple moving average of C$1.38 and a 200 day simple moving average of C$1.24.

Elemental Altus Royalties Company Profile

Endesa, SA engages in the generation, distribution, and sale of electricity primarily in Spain and Portugal. The company generates electricity from various energy sources, such as hydroelectric, nuclear, thermal, wind, and solar. As of December 31, 2020, its distributed electricity to approximately 21 million populations covering a total area of approximately 195,488 square kilometers.